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Uganda’s economy to grow by 7% – Kasaija

Moses Ndhaye | April 4, 2024

Government says the country’s economy will be growing at a rate of 7% in the next financial year, up from the current 6%. The Minister for Finance Matia Kasaijja says “if it was not for the COVID-19 pandemic that made some investors retract their investments, the country’s economy would be […]



Business

Musinguzi reappointed as URA Commissioner General

Reporter | March 15, 2024

By Deogratius Wamala | Monitor  Uganda’s national treasury has reappointed John Musinguzi Rujoki as Commissioner General of the Uganda Revenue Authority (URA), on the recommendation of the organisation’s board. URA confirmed the reappointment in a statement issued Friday, noting that the President, the national treasury, and the Central Bank have […]


Business

KPMG, NMG survey tames entrepreneurial mortality

Reporter | March 7, 2024

By Stephen Otage The annual Top-100 Mid-sized Company survey has saved many participating companies from collapsing because of the mentorship they get during the exercise.  This is according to audit firm KPMG Uganda Country Manager Stephen Ineget. While meeting the Nation Media Group Uganda Managing Director at his office on […]


Business

MTN proposes Shs403 billion dividend payout for 2023

Moses Ndhaye | March 7, 2024

MTN Uganda has set aside Shs403 billion for its shareholders as dividends for the year ending 2023, translating into Shs22 per share. The proposal is contained in the company’s financial results for 2023 which returned a revenue growth of 16.6% percent. The MTN Uganda Chief Executive Officer, Sylvia Mulinge described […]



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